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Smartgroup Corporation Ltd (ASX:SIQ)

ALERT: Price-sensitive ASX Announcement for SIQ
Current share price for SIQ : $12.330 4.03 (48.55%)+
Announcement
Release
26 Feb 2026 8:21AM
Price at Release
$8.300
Full Release
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Summary
The 2025 Full Year Investor Presentation for Smartgroup Corporation Ltd highlights significant growth in customer numbers, with active customers reaching 491,000 and novated leases under management increasing to 85,300. Revenue for the year was $329.3 million, an 8% rise from the previous year, while EBITDA rose by 14% to $135.3 million, achieving a 41% margin. The company saw a 11% growth in NPATA to $80.2 million. Smartgroup maintained a leading market position by focusing on novated leasing and digital channels, supported by new strategic partnerships and expanded fleet funding options. Digital and technology advancements were key, with new initiatives enhancing the customer experience and operational efficiency. Sustainability initiatives were emphasized, and the company was recognized as an Inclusive Employer. Strong cash conversion was achieved, and the company plans further investments in technology and business expansion.
Key Points
  • Smartgroup experienced strong customer growth with 491,000 active customers, an increase of 46,000 from the previous year.
  • The number of novated leases under management grew to 85,300, reflecting an increase of 11,000.
  • Revenue for 2025 was $329.3 million, up 8% compared to the previous year.
  • EBITDA improved by 14% to $135.3 million with an EBITDA margin of 41%.
  • Net Profit After Tax Adjusted (NPATA) increased by 11% to $80.2 million.
  • Smartgroup maintained a strong market presence with a focus on novated leasing, digital distribution, and scalability.
  • The company expanded its fleet funding offerings and developed strategic partnerships with BMW Financial Services and Volkswagen Financial Services Australia.
  • Smartgroup's digital and technology investments included the launch of a new digital salary packaging journey and improvements to customer experience.
  • Sustainability efforts included a new strategy for 2028 and recognition as an Inclusive Employer by the Diversity Council Australia.
  • The company reported high cash conversion at 122% of NPATA and plans for continued investment in technology and business expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.